Abu Dhabi is exporting oil through the first Middle Eastern pipeline in three decades to circumvent the Strait of Hormuz as producers seek to nullify Iranian threats to block the shipping chokepoint. More »
Tanzania will auction an additional deep water oil and gas block in its next bidding round near the sea border of Mozambique, where companies including Eni SpA (ENI) and Anadarko Petroleum Corp. (APC) have discovered natural gas. More »
The U.S. will probably allow states to regulate emissions from existing coal-fired power plants using carbon markets, according to the president of the International Emissions Trading Association. More »
A House bill introduced by Republicans in response to Solyndra LLC’s collapse may keep the U.S. from backing the latest clean-energy projects under its remaining $34 billion in loan authority, the Energy Department said. More »
Nationwide Mutual Insurance Co. has become the first major insurance company to say it won’t cover damage related to a gas drilling process that blasts chemical-laden water deep into the ground. More »
Anadarko Petroleum Corp. (APC) and its Kerr-McGee unit will hold settlement talks while a trial over a $25 billion lawsuit brought by the U.S. and Tronox Inc. is adjourned for a week, according to court papers. Anadarko rose as much as 4.3 percent. More »
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